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I noticed an interesting trend in the crypto industry over the past few weeks. Major companies are massively cutting staff, and this is no longer an isolated case. A wave of layoffs is sweeping across the sector, and the reasons cited are the same: a weak market and the frantic growth of artificial intelligence, which is drawing talent and investments away.
What is really happening? Companies are reassessing their priorities. If before everyone was hiring indiscriminately, now a selection process has begun. Some firms are reducing their headcount by 6 percent or more within just a few weeks. This is not just optimization; it’s a complete strategic shift.
Interestingly, at the same time, a redistribution of power is taking place. Companies that focus on AI are actively poaching specialists from the crypto sector. It’s a kind of talent drain toward what they see as more promising directions.
Media platforms covering crypto events are noticing this dynamic and are writing about it. It’s clear that the industry is undergoing a serious transformation. Some are adapting, others are leaving. This is a normal cycle of development for any young market, but it’s quite painful for participants. It’s important to closely watch how companies emerge from this crisis and what new directions they choose on Gate and other platforms.